Pitch Deck Teardown: Xyte’s $30M Series A deck

When I was a student in the UK, I remember that renting appliances like washing machines and televisions was the norm for some people, especially students living in short-term accommodation. Israeli startup Xyte (pronounced “excite”) has just raised $30 million, as it sees a return to this sort of hardware-as-a-service model to be the way…

Daedalus, which is building precision-manufacturing factories powered by AI, raises $21M

A fledgling startup founded by one of OpenAI’s first engineering hires is looking to “redefine manufacturing,” with AI-powered factories for creating bespoke precision parts. Daedalus, as the company is called, is based in the southwestern German city of Karlsruhe, where its solo factory is currently housed. Here, Daedalus takes orders from industries such as medical…